Why the Market Dipped But ACM Research, Inc. (ACMR) Gained Today

Group 1 - ACM Research, Inc. (ACMR) stock closed at $15.62, showing a +1.36% change, outperforming the S&P 500's daily loss of 1.54% [1] - Over the past month, ACMR shares increased by 0.98%, surpassing the Computer and Technology sector's gain of 0.11% and the S&P 500's loss of 2.2% [1] Group 2 - The upcoming earnings report for ACMR is projected to show earnings of$ 0.21 per share, reflecting a year-over-year decline of 51.16% [2] - Revenue is estimated to be $178.97 million, indicating a 5.08% growth compared to the same quarter last year [2] Group 3 - Recent changes in analyst estimates for ACMR are important as they reflect near-term business trends and analysts' confidence in the company's performance [3] - The Zacks Rank system, which includes estimate changes, has a strong track record, with 1 stocks averaging an annual return of +25% since 1988 [4][5] Group 4 - ACMR has a Forward P/E ratio of 8.56, which is in line with the industry average [6] - The Semiconductor Equipment - Material Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 91, placing it in the top 37% of over 250 industries [6] Group 5 - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]